The sharp increase in crypto assets in 2021 only portended a sharp decline in asset prices. NFTs, especially those that are artistic, only started to gain popularity in 2021. If 2020 and 2021 were the falls and summers of crypto, it’s clear that 2022 is crypto’s winter. For people and
September 5, 2022 6 mins read
Binance was subpoenaed to provide any and all data pertaining to any and all files. Exchanges must register with the Treasury Department and adhere to AML rules. Binance was requested by U.S. authorities to hand over records. This was pertaining to the company’s anti-money laundering measures, as well as messages
September 4, 2022 2 mins read
Adoption of a benchmarking standard is a necessary part of its crypto strategy. Since its 2017 inception, CF Benchmarks has established an impressive reputation. The world’s biggest asset manager, BlackRock, has almost finished securing its foothold in the crypto space. The asset management behemoth is aiming to use a Kraken
September 4, 2022 2 mins read
CZ explains that Chen is actually a coworker he met through a mutual friend. CZ responded to criticism in a blog post published by Binance on Thursday. Changpeng Zhao (CZ), CEO of Binance, responded to allegations that the company is a “criminal entity” and “secretly [belongs] in the pocket of
September 2, 2022 2 mins read
Brainard urged U.S. banks and software developers to prepare for the debut. The Vice-chair said the service’s use of cloud computing made it possible. FedNow, a new payment facilitation system that the Federal Reserve plans to roll out, may reduce the need for a central bank digital currency. It is
August 31, 2022 2 mins read
The Ethereum developers are putting a lot of time and effort into preparing the community for the upcoming Ethereum Merge. Vitalik Buterin, co-creator of Ethereum, has announced the release of a book compiling his previous articles on the subject of blockchain development. The title of the book is PROOF of
August 31, 2022 2 mins read
As part of the Terra Classic V22 network update, the staking function became active. Within 24 hours following the update, more than 1% of the LUNC supply was staked. As opposed to its previous negative press, this time around the headlines about Terra Classic (LUNC) are all positive. The network
August 31, 2022 2 mins read
On August 12, speculation about a prospective takeover first surfaced. BlockFi received a credit line from FTX in the month of July. According to FTX, there are no plans to buy Huobi. CEO of FTX Sam Bankman-Fried shot off the reports on August 29 through a tweet. Bankman-Fried was vague
August 30, 2022 2 mins read
Iran has placed a $10 million import order with cryptocurrency in a historic first. Iran’s borders remain closed to cryptocurrency trading in 2019. Iran officially allows the use of cryptocurrency in trade and imports, according to Minister of Industry, Mines, and Trade Reza Fatemi Amin. This green light is an
August 30, 2022 1 min read
From its autumn high of roughly $110, Luna’s value plummeted to nothing. A resumption of the strong downturn is possible if the RSI breaks beyond 60. During recent times, Terra Luna Classic (LUNC) has been roaring. The token saw a 23.4% increase in anticipation of the upgrade on Aug 26,
August 29, 2022 2 mins read